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No Ira, you still own the stock.
Steve
--- In realtraders@xxxx, Ira Tunik <irat@xxxx> wrote:
> The same as selling a naked call. Why?
>
> Bryant wrote:
>
> > Buy back the strike at 32 and sell the next strike lower would be
my
> > guess, My question is this can you sell covered puts ,,,short the
> > stock and you sell a put at the next strike down ,,,and with that
put
> > you have the obligation to buy the stock back or cover ?
> >
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